Presented below are the financial statements of Swifty Corporation. Swifty Corporation Comparative Balance Sheets December 31 Assets 2022 2021 Cash $ 28,000 $ 16,000 Accounts receivable 16,000 11,200 Inventory 22,400 16,000 Property, plant, and equipment 48,000 62,400 Accumulated depreciation (25,600) (19,200) Total $88,800 $86,400 Liabilities and Stockholders' Equity Accounts payable $ 15,200 $ 12,000 Income taxes payable 5,600 6,400 Bonds payable 13,600 26,400 Common stock 14,400 11,200 Retained earnings 40,000 30,400 Total $88,800 $86,400 Swifty Corporation Income Statement For the Year Ended December 31, 2022 Sales revenue $193,600 Cost of goods sold 140,000 Gross profit 53,600 Selling expenses $14,400 4,800 Administrative expenses 19,200 Income from operations 34,400 Interest expense 2,400 Income before income taxes 32,000 Income tax expense 6,400 Net income $ 25,600 Additional data: 1. Depreciation expense was $14,000. 2. Dividends declared and paid were $16,000. 3. During the year equipment was sold for $6,800 cash. This equipment cost $14,400 originally and had accumulated depreciation of $7,600 at the time of sale. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. - 15,000 or in parenthesis e.g. (15,000).) Swifty Corporation Statement of Cash Flows Adjustments to reconcile net income to